)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
GNB Financial Services, Inc. (OTC Pink: GNBF
) in connection with the proposed merger of the company with LINKBANCORP, Inc. ( LINKBANCORP ). Under the terms of the agreement, GNBF shareholders may elect to receive either $87.68 in cash or 7.3064 shares of LINKBANCORP stock for each GNBF share they own. If you own GNBF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/gnbf/
Corning Natural Gas Holding Corporation
9 hours ago
Following closing, CSI intends to distribute $3.50 cash per share or approximately $35 million to its shareholders from the net sale proceeds and other available cash
MINNETONKA, Minn.–(BUSINESS WIRE)–
Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it entered into a definitive securities purchase agreement (“Purchase Agreement”) with Lantronix, Inc. (Nasdaq: LTRX) (“Lantronix”), to sell the Company’s Transition Networks and Net2Edge businesses to Lantronix for a base price of $25.0 million to be paid at closing, subject to a working capital adjustment following the closing, plus up to an additional $7.0 million in earnout payments based on revenue milestones for the Transition Networks and Net2Edge businesses in the two 180-day periods after closing of the sale.
Lantronix (LTRX) to Acquire Electronics and Software Reportable Business Segment From Communications Systems Inc streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Transaction brings increased scale and operating efficiencies to Lantronix; combined annual revenue expected to exceed $100 million
Adds complementary switching, PoE and media conversion technologies to Lantronix IoT connectivity portfolio
Anticipates $7 million in annualized expense synergies to be implemented over 24-month period following close of transaction
Expects day-one accretion to earnings (excluding acquisition-related costs), with significant contribution to earnings in the first full year
Announces conference call to discuss the acquisition
/EIN News/ IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) Lantronix Inc. (“Lantronix”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), connectivity services, engineering services, intelligent hardware and turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today announced that it has entered into a definitive Securities Purchase Agreement to acquire Transition
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Lifshitz Law Firm, P.C. Announces Investigation of AEGN, JCS, GFN, and KSU
Lifshitz Law Firm, P.C.April 25, 2021 GMT
NEW YORK, April 25, 2021 (GLOBE NEWSWIRE)
Aegion Corporation (NASDAQ: AEGN)
Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of AEGN to affiliates of New Mountain Capital, L.L.C. for $26.00 per share.
If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780.